CropLogic has raised $512,200 via crowdfunding platform Equitise, which it will use to prepare for its listing on the Australian Stock Exchange. The Christchurch-based company software gathers field data and makes crop prescriptions and management recommendations based on proprietary models. The startup has an agreement with the NZ Institute for Plant and Food Researchto model potatoes and is about to start trials of the system in other commodities such as corn, wheat, soybean and cotton. In 2015, CropLogic was one of seven startups to get a $450k grant from Callaghan Innovation to develop aerial imaging technology.
See the details of the equity crowd funding campaign here.